Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[infofront]

If we can get to ~$11,600, the inverse H&S will be complete. That should get us at least to the major resistance at ~$12,800.

[mike4001]

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... []"

Please fill in []

[Ivor Biggun]

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... []"

Please fill in []

It's alright, it's back above 11k again.

[Last of the V8s]

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... []"

Please fill in []

tarders taking profits on the way up

[svdleer]

And below 11K again,150 BTC wall inserted at 11K @ GDAX

Seems impossible to break

[marcus_of_augustus]

... do you guys know Carolina?

[JimboToronto]

If a guitar player is immature, overplaying is sometimes just a lack of experience. If the player is insecure (no matter their age, especially if there are other good players present) sometimes they overplay as if it's a pissing match, and showing off. A jam, with a rotating cast of many is bad for encouraging this.

A gigging band should be tight, know exactly what is coming up next. No extra times around for an extra solo unless it is really happening, and the crowd is reacting accordingly  Strong band leadership and rehearsal makes this happen. In a recording session, the producer is king.

One of the best guitar players I have ever seen has traveled the country several times gigging. He used to be in a band with Sheryl Crowe before she hit ("she wasn't that good, at the time", he says). Now he is a painter with a mortgage, wife and kids. He has a room of amps, another room of guitars. He says it is his 401k, but he loves them too much to sell any. He is a white guy, plays in an all-black soul band (and in several other bands), and in the soul band, he is magnificent. He plays a lot of our jams, and he is overplaying, arrogant, and way too loud on stage. The soul band has strong leaderhip, and he keeps it in line. In the jam, there is lax leadership. He is trying to be the biggest fish in the pond.

Music isn't a competition. It's all about cooperation.

Any real musician's ears are far more important than his hands.

[bitChipper]

And below 11K again,150 BTC wall inserted at 11K @ GDAX

Seems impossible to break

My prediction is we go sideways until the g20 summit and hopefully get good news from that

[HairyMaclairy]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.   

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.

[marcus_of_augustus]

CCMF june 2018 ...

https://www.youtube.com/watch?v=TVRzk3VWOKY

Toby Keith  

[JayJuanGee]

If we can get to ~$11,600, the inverse H&S will be complete. That should get us at least to the major resistance at ~$12,800.

Is there a difference between an inverse head and shoulders and a cup and handle in terms of what it expects to come next?  Are they both short term bullish?  Anyone?

[d_eddie]

Music isn't a competition. It's all about cooperation.

Any real musician's ears are far more important than his hands.

This winter, every jam I've been to had me thinking exactly this.
Recently, I'm always feeling like I'm the only one who knows when to stay low or lay out completely (if applicable).
I wish I knew better jams around here. Maybe it's a seasonal thing.

[JayJuanGee]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.   

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.

I did not realize what I was saying was bearish..  but I can see your point.

 I thought that I was being more bullish than you to assert $11,200 as a given, but really I don't know.  The longer that we bounce around between $8,500 and $12k then the price could go either way.. so maybe I am thinking that we need to break above $12,000, so yeah in that regard, I am more bearish than you because I don't think that breaking above $11,200 really provides any kind of certainty that we have sufficiently broken up to feel comfortable in having MOAR UP.. I think that we need a higher break up in order to feel relieved of such bearishness. 

By the way, a couple of weeks ago, when we first broke back above $10k, I thought that was a decently bullish sign that there remains considerable difficulties in asserting that we are in an early 2014 scenario rather than the more likely early 2013 scenario... which still seems to be my thinking about what we currently have (i mean more likely that we are in an early 2013 like scenario currently rather than an early 2014 like scenario).

[bones261]

I’m not a believer until $11,200

You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.

Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.  

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.

With the way the market started behaving shortly after the CBOE and CME futures markets came online, I wouldn't be surprised if quite a few here have made the metamorphosis from bull to bear. We can only hope the bear whales have run out of BTC. However, I suspect many of the same bear whales closed their short positions around the 6-7K range and then used the profits to refill on cheap coins. Have my tinfoil hat on, naturally.

[Last of the V8s]

Uber's creator starting a shitcoin http://fortune.com/2018/03/01/bitcoin-uber-cryptocurrency-eco-garrett-camp/
looks like a socialist ripple

[Ibian]

All these countless limited use company coins annoy me. Just use bitcoin idiots.

[Ibian]

socialist ripple

The department of redundancy department.

[Last of the V8s]

trufax

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

[xhomerx10]

Though I will say if a lead guitar break is well thought out ,arranged and  melodically slick,

 it can add substance to the track, especially maybe for the middle eight.

David Gilmore of Pink Floyd for one was a master at this.

But mindless shredding to show off ones playing speed? oh perleeeze!

Leave that for the Spinal Tap metal head moroons holding lighters over their heads, I'll pass thank you...

Absolutely. Strong melodies are what most audiences want to hear, not noodling nor technique wanking.

 I agree... most of the time.   I did however buy Eric Johnson's - Ah Via Musicom CD after hearing Cliffs of Dover once.    A lot of wanking in there.